Consultation on GGAS openedCONSULTATION ON PROPOSED AMENDMENTS TO THE GREENHOUSE GAS REDUCTION SCHEME (NSW)
The Greenhouse Gas Reduction Scheme (GGAS) Carbon Sequestration Rule ('the Rule') allows for the creation of GGAS abatement certificates where carbon is sequestered through forestry projects. The Rule has not been reviewed since the commencement of GGAS in 2003 and there are three aspects of the Rule which the NSW Government proposes to amend to streamline the Rule's administration, as well as assist with transition to the proposed Commonwealth Carbon Pollution Reduction Scheme (CPRS).
Submissions on the proposed amendments are invited from all interested stakeholders and must be made in writing and should be provided to Industry & Investment NSW by 5pm on Friday, 26 February 2010.
